INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in NuScale Power Corporation of Class Action Lawsuit and Upcoming Deadlines

Core Viewpoint - A class action lawsuit has been filed against NuScale Power Corporation, alleging securities fraud and unlawful business practices related to significant financial losses and expenses incurred by the company [2][4]. Financial Performance - NuScale reported a dramatic increase in general and administrative expenses, which surged over 3,000% to $519 million in the third fiscal quarter, compared to $17 million in the same period the previous year [4]. - The company's quarterly net loss escalated to $532 million, up from $46 million in the prior year period [4]. Key Events - The spike in expenses was primarily attributed to a $495 million payment to ENTRA1 Energy LLC for an agreement to develop power plants for the Tennessee Valley Authority, which could involve milestone payments exceeding $3 billion [4]. - Following the financial disclosures, NuScale's stock price dropped by $7.57 per share, or 19.97%, closing at $30.34 per share on November 7, 2025 [5]. Legal Context - Investors who purchased NuScale securities during the class period have until April 20, 2026, to request appointment as Lead Plaintiff in the class action [2].